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Oil Prices Fall on Rising US Dollar, Expectations for Supply Gains
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back...

MTT Shipping
Feb 26, 20212 min read
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Malaysian Economy Expected to Turn Positive This Year on Covid-19 Vaccine Roll Out
Malaysia's economy is expected to show better prospects in the next few months based on the Leading Index performance which recorded...

MTT Shipping
Feb 25, 20212 min read
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Malaysia's Labour Productivity Contracts 5.4% In 2020 Due to Covid-19 — MPC
Malaysia’s labour productivity fell 5.4% in 2020 — the first contraction since the 2009 Global Financial Crisis — as the Covid-19...

MTT Shipping
Feb 22, 20212 min read
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Export of Timber, Timber Products to Hit RM23 Bil in 2021 — MPIC
The Ministry of Plantation Industries and Commodities (MPIC) is confident Malaysia's export of timber and timber products can reach RM23...

MTT Shipping
Feb 21, 20212 min read
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December 2020 Manufacturing Sales Rise 4.5%; Highest Growth Since March 2020 — DOSM
Manufacturing sales grew 4.5% to RM124.6 billion in December 2020 compared with the same period in 2019, the highest growth since March...

MTT Shipping
Feb 8, 20211 min read
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MITI Revises Anti-Dumping Duties on Cold Rolled Coils from Vietnam
The government has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating from...

MTT Shipping
Jan 25, 20211 min read
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GDP Growth Forecast Maintained At 6.5%-7.5% For 2021, Says Tengku Zafrul
Malaysia is maintaining its gross domestic product (GDP) growth target of between 6.5% and 7.5% for 2021 despite the emergency...

MTT Shipping
Jan 22, 20212 min read
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ICS Urges Govts To Prioritize Vaccination of Seafarers and Maritime Workers
ICS is demanding that governments, who are once again restricting travel as a reaction to new COVID-19 mutations, recognise the vital...

MTT Shipping
Jan 22, 20212 min read
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Govt Could Reevaluate GST, Improve Its Implementation — MIDF
The Government could reevaluate the Goods and Services Tax (GST) and reflect on how the consumption tax could be implemented better,...

MTT Shipping
Jan 22, 20213 min read
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BNM Keeps OPR at 1.75% Amid Continued Recovery of Global Economy but Downside Risks Remain
Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 1.75% following the Monetary Policy Committee (MPC) meeting...

MTT Shipping
Jan 20, 20212 min read
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MTT Shipping and NASOM Collaborates in Autism Awareness Campaign: Understand, Accept & Respect
As we begin a new year, MTT Shipping Sdn. Bhd. is collaborating with The National Autism Society of Malaysia (NASOM) to create awareness...

MTT Shipping
Jan 18, 20212 min read
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Port of Singapore Eyes More Clean Fuel Options
In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other...

MTT Shipping
Jan 14, 20212 min read
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MPOB Expects Palm Oil Exports Revenue to Reach RM74 Bil
Export revenue from palm oil and palm oil products this year is expected to increase by 2.4% to RM74 billion versus the RM72.30 billion...

MTT Shipping
Jan 12, 20212 min read
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Malaysia Records 1.2% Fall in Wholesale, Retail Trade Sales for November 2020
Malaysia recorded wholesale and retail trade sales of RM110.4 billion in November 2020, down by 1.2% year-on-year (y-o-y), according to...

MTT Shipping
Jan 12, 20212 min read
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Call for Shippers to Take More Responsibility for Supply Chain Safety
International freight transport and logistics insurer TT Club has urged owners to step up their awareness of safety issues arising from...

MTT Shipping
Jan 8, 20211 min read
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Agri-Commodity Sector Recorded 10.6% Trade Value Growth in January to November, Says Khairuddin
The agri-commodity sector recorded RM169.2 billion in trade value for the first 11 months of last year, up 10.6% against RM153 billion in...

MTT Shipping
Jan 7, 20212 min read
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PKA Implements Measures to Ease Congestion in Port Klang
The Port Klang Authority (PKA) has taken several steps to overcome container and ship congestion in Port Klang which has been occurring...

MTT Shipping
Jan 6, 20212 min read
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Malaysia's PMI Up At 49.1 In December, Highest Since August
Malaysia's Purchasing Managers' Index (PMI) rose to 49.1 in December, from 48.4 in November, the highest since the 49.3 reading in...

MTT Shipping
Jan 4, 20212 min read
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HMM And CMA CGM Realize Biggest Fleet Growth In 2020
The ranking of the top-12 carriers has changed this year with HMM jumping from the 10th to 8th place after a 85% fleet capacity increase....

MTT Shipping
Dec 30, 20203 min read
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Five South Korean Carriers form ‘K-Alliance’
Five South Korean Carriers have signed a codeshare agreement for services between South Korea and South East Asia. At the urging of South...

MTT Shipping
Dec 30, 20202 min read
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